Famous photographers Annie Leibovitz's West Village compound of three separate townhouses, which first hit the market in December, has now been relisted at $29 million, according to reports.
After failing to get a buyer, the compound asking price has been slashed by $4 million, Curbed reports.
Leibovitz, 63, created the compound over a decade ago after purchasing all three buildings for $6.1million, and gut-renovated them.
Listing broker Paula Del Nunzio, of Brown Harris Stevens said: 'It's very rare to have something like this. She created it.'
According to Ms Del Nunzio, Ms Leibovitz is selling the buildings because she plans to move uptown to be closer to the school of her three daughters - Sarah Cameron Leibovitz who was born in 2001, and her twin girls, Susan and Samuelle, who were born to a surrogate mother in 2005.
Leibovitz, best known for her portraits of celebrities such as a Nicole Kidman, Brad Pitt, a pregnant Demi Moore, and even the Queen, began assembling the property in 2002. She purchased the first two buildings for $4.2 million, and later acquiring the third townhouse for $1.9 million.
The photographer then ran into a roadblock in 2009 when she was sued over a dispute over the terms of a loan repayment that involved her townhouses and photo archives, which creditors claimed she had put up as collateral, and saw her narrowly miss having to file for bankruptcy.
She had borrowed $15.5million after experiencing financial challenges due to the then recent loss of her father, her mother, and her long-time partner, Susan Sontag, as well as the addition of twins to her family, and the controversial renovation of the three West Village properties.
